408.237. Sections 408.231 to 408.241 shall not apply to any transaction in which a single extension of credit is allocated between a first lien and any number of subordinate liens, for the purpose or with the result of contracting for or receiving a higher rate of interest than would have been permitted if the loan had been made under section 408.030.
(L. 1979 S.B. 305, A.L. 1994 H.B. 1312 merged with S.B. 718)
Missouri General Assembly